Mid-Atlantic
Apex Clean Energy Buys 442.5MW of Solar Projects in VA
The solar capacity is distributed into four projects currently underway across Virginia. Upon completion, the company’s portfolio is anticipated to power approximately 72,000 homes.
J.P. Morgan, JBG Smith Sell DC Office Tower for $385M
Ponte Gadea, the investment arm of billionaire Amancio Ortega, purchased the 401,000-square-foot building at 1501 K St. NW.
HFF Secures NoVa Office Building Refi
The owner of 7600 Leesburg Pike in Tysons, Va., received a $32 million floating-rate mortgage to both refinance its 2014 acquisition loan and renovate the Class B asset.
DC’s Warner Center Commands $377M
JBG Smith sold the historic Pennsylvania Avenue property. The 583,453-square-foot Class A office asset was 98 percent leased at the time of the sale.
Tradepoint Atlantic Receives $135M for 2 Industrial Buildings
HFF facilitated the financing of the build-to-suit Class A properties in Sparrows Point, Md., which are fully leased to Under Armour and Amazon.
Meridian Group Purchases VA Office Building
The buyer plans to renovate the LEED Gold-certified property, which sits in the Rosslyn-Ballston Corridor and is well connected to the rest of the metro.
Bridge Investment Group Acquires DC Office Complex
The 510,200-square-foot office complex in Silver Spring, Md., which comprises three buildings, will undergo a $12 million upgrade.
Akridge, Stars Acquire 116 KSF DC Property
In their second joint venture, the partners purchased 1025 Vermont Ave. NW from Carr Properties in a $48.5 million transaction.
Hertz Investment Acquires VA Asset for $79M
The company purchased Dominion Tower, an approximately 403,300-square-foot building that is the largest office property in Norfolk, Va., from Harbor Group International.
MCR Acquires Baltimore-Area Homewood Suites
The 147-key hotel in Linthicum, Md., located near Baltimore-BWI Airport, recently underwent a multi-million-dollar renovation. MCR did not disclose the purchase price for the asset.